Friday, August 10, 2012

Marc Faber : Owning Physical Gold is an Insurance , an absolute necessity

Q: What's your view on gold right now?

Marc Faber : This is a controversial subject because some people think it’s a bubble. My view is it’s not a bubble but it’s obviously at the fair price. I think we can still move up somewhat, maybe another 10-20% in the next six months and then we will have to see. But I believe that investors will be faced with more and more regulation and scrutiny and that to own some physical gold is an insurance that is an absolute necessity.
- in CNBC TV18
Click here to watch the full interview >>>>>>>


Related Posts Plugin for WordPress, Blogger...